Economics and the Social Sciences

Computer modeling is playing an increasingly important role in economic forecasting and in predicting human behavior in response to various economic contingencies. Pitt researchers are working to develop numerical methods capable of converting theoretical models into statistical models capable of quantifying predicted reactions to various contingencies. The ultimate goal is to guide policy decisions regarding, for example, social security reform, credit-market interventions, etc.

Projects

• Simulations of Economies (David DeJong group)
• Natural Language Processing
• Simulations and Modeling of Natural Disasters (Louise Comfort group)